This paper shows that inventors with an early patenting success have a higher inventive productivity during their … received for the first patent. The higher career productivity seems to be a consequence of higher individual ability rather … than cumulative advantage. Inventors with high productivity early in their career cannot increase their productivity …

income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv … with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and …

Sunk costs for R&D are an important determinant of the level of innovation in the economy. In this paper I recover them … created the incentives for firms to pay the costs of investment. Trade-induced innovation reinforced the selection effect by … which international trade leads to productivity growth. Finally, using the estimated parameters, simulations evaluate the …

We analyze the influence of monetary policy on firms’ extensive margin and productivity. Our empirical evidence for the …

This paper investigates the evolution of aggregate productivity and markups among French manufacturing firms between … 1994 and 2016, by focusing on the role of reallocation with respect to both aggregate measures. Firm-level productivity and … aggregate productivity growth of about 34% over the whole period while aggregate markups are found to remain relatively stable …

individual in the Malmö region as compared to the two other major regions in Sweden, Gothenburg and Stockholm. We show that a key …